Pakistan’s Forex Reserves Increase by USD 553.30 Million

November 12, 2020 (MLN): Pakistan's Forex Reserves increased by USD 553.30 Million or 2.86% and the total liquid foreign reserves held by the country stood at USD 19,906.90 Million on Nov 06, 2020.

According to data published by the State Bank of Pakistan (SBP) its reserves increased by USD 557.90 Million. The increase in reserves is mainly attributed to receipt of US$ 500 million as GOP loan proceeds.

Summary of Holding and Weekly Change

Foreign reserves held byNov 06, 2020Oct 29, 2020Change% Change
State Bank of Pakistan12,740.5012,182.60557.904.58%
Net Foreign Reserves Held by Banks7,166.407,171.00-4.60-0.06%
Total Liquid Foreign Reserves19,906.9019,353.60553.302.86%

Amount in USD Million

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Posted on: 2020-11-12T18:20:00+05:00